Table 6.  Pricing Performance Results for Market Advisory Service Programs,
Soybeans, Two-Year Average
  1995 1996  
Net Net
Advisory Advisory Two-year
Advisory Service Program Price Price average
Ag Alert for Ontario N/A 7.37 N/A
Ag Line by Doane (cash-only) 6.59 7.40 6.99
Ag Profit by Hjort Associates 6.78 7.13 6.95
Ag Resource 6.92 7.29 7.10
Ag Review 6.59 7.37 6.98
Agri-Edge (cash-only) 6.70 7.28 6.99
Agri-Edge (hedge) 6.62 7.18 6.90
Agri-Mark 7.94 7.18 7.56
Agri-Visor Aggressive Cash 6.38 7.28 6.83
Agri-Visor Aggressive Hedge 6.97 7.40 7.19
Agri-Visor Basic Cash 6.42 7.06 6.74
Agri-Visor Basic Hedge 6.78 7.46 7.12
Allendale (futures only) 6.21 7.30 6.76
Brock (cash-only) 6.27 7.20 6.74
Brock (hedge) 5.71 6.99 6.35
Freese-Notis 6.41 7.13 6.77
Grain Field Report 6.84 N/A N/A
Harris Weather/Elliott Advisory 6.85 6.80 6.82
North American Ag. 6.44 N/A N/A
Pro Farmer (cash-only) 6.69 7.31 7.00
Pro Farmer (hedge) 6.78 7.49 7.14
Progressive Ag. N/A 7.80 N/A
Prosperous Farmer 6.52 N/A N/A
Stewart-Peterson Advisory Reports 6.09 7.37 6.73
Stewart-Peterson Strictly Cash 6.28 7.13 6.71
Top Farmer 6.20 6.84 6.52
Zwicker 6.89 7.67 7.28
Descriptive Statistics:
  Average 6.59 7.27 6.92
  Median 6.59 7.28 6.93
  Minimum 5.71 6.80 6.35
  Maximum 7.94 7.80 7.56
  Range 2.23 1.00 1.21
  Standard Deviation 0.41 0.23 0.26
Benchmark Prices:
  Harvest Cash Price 6.40 6.95 6.68
  Average Price Received 6.60 7.18 6.89
       
         
N/A denotes "not applicable" -- program did not exist or was not evaluated for that marketing year.
0.89 0.05
0.33 0.03
-0.04 0.02
-0.04 0.00
0.08 0.02
0.25 0.02
-0.02 0.01
-0.04 0.00
-0.09 0.00
-0.07 0.01
-0.05 0.03
-0.10 0.01
-0.31 0.02
-0.20 0.02
-0.35 0.01
-0.28 0.02
-0.14 0.04
-0.43 0.03
-0.03 0.02
-0.06 0.02
0.298544 0.013025547